Develop audits and assurance plans, allowing forward planning of audits coming up with scope statements and methodologies. For completed audits capture their findings and follow up on recommendations.
Every audit results in a set of observations or findings, followed by recommendations which outline the corrective actions to undertaken. Our solution allows capturing these details, assigning individual responsibility for those recommendation and track, monitor and report on progress.
In today’s world everything is interrelated and knowing what these are is crucial. That’s why our solution has inbuilt capabilities to develop close linkages among related elements. Audit can be linked with related Risks, and Recommendations can be linked and synchronized with Risk Treatment Actions when an action from an audit finding also helps treat a risk that you have identified.